Patriotism: last refuge of a scoundrel, or foundation of a healthy trading state?

Abstract

Throughout the West, patriotism is on the rise, writes Victoria Bateman. During the EU referendum, the issue of sovereignty was high up the agenda. An outpouring of patriotism came along for the ride – a patriotism that Theresa May has since found herself defending on behalf of Brexiteers. But just how much of a threat is patriotism to the economy? Is it truly dangerous, or does it have a hidden economic value? She argues that it can indeed be useful, provided a country is sufficiently outward-looking and the rules of trade are observed.